Installation & Deployment
iFoundry is a product development platform that enables insurers to build products easily after their conception. Actuaries, underwriters, and compliance staff can collaborate and iteratively build high quality products and implement them quickly. Through integration with bureaus such as ISO, iFoundry provides market data for carriers to optimize their offerings and make it most profitable and appealing to their producers and policyholders. As an independent product specifications platform, iFoundry provides a structured approach to manage product rates, rules and forms and serves as a central repository for accessing vital information about carrier offerings.
The product manuals produced from iFoundry can be consumed by run-time engines including ValueMomentum’s own rating engine to determine premiums, identify policy forms to attach and enforce underwriting guidelines.
iFoundry can be deployed on premises or cloud and can integrate with quoting or admin systems through standard web services.